you will be able to have a transparent window so it is partially see thru!!!!!!
OMG 'frm.Opacity = 0.5d;' OMG!!!! It's not that big of a deal to have a transparent window, and in fact it's actually -harder- to read stuff when there's crap cluttering up the background of the text you're reading.
I wrote a little syntax highlighting text editor in C#, extremely simple.